As we enter the last few weeks of summer, it’s almost time to start looking towards the markets and what we expect to happen over the coming months, as we head into the Christmas season. I am sure no ones wants to consider Christmas just yet, after all, the summer bank holiday is barely behind us, the sun is shining and we all have one last BBQ in mind before we wave goodbye summer, once and for all. That said, it is a good time, to start reviewing what stocks you think may perform well in the coming months. Autumn is typically strong in both Crypto and the traditional markets, with a “Santa Clause” rally bringing the market to its conclusion in late December. So why look now? Do we not have a few months to worry about that? In my opinion we should be somewhere close to the bottom right now, liquidity is pretty shocking and Crypto is having a rough few weeks, so i will be following my own advice and be buying the dip over the coming weeks. With summer, comes a sell off, the saying “Sell in May and go away, don’t come back until St Leger’s day” would have been pretty sound advice, giving the pounding crypto stocks have taken this summer, for once i wish had done so myself. Naturally, you should do whatever you are comfortable with, i may well be catching a falling knife – who knows, only time will tell.
So why will I be buying? Because I am convinced we will finally see an ALT Season, the stars appear to be aligning. The past week, although painful for BTC holders, has been highly encouraging for those holding ETH. We have seen BTC dominance lowering, as all whales sell Bitcoin and buy back into Ethereum. This is a good indication that we will see a rotation into ALTs – finally! ALT coins have really suffered since the 2020/21 bullrun, most have never really awoken from their crypto winter slumber. In fact the Altcoin index is currently at its low, ALTs/BTC is actually lower than 2020 – lower than during the covid crash – if they do finally begin to move, it will likely happen fast – hence me taking positions now, rather than later, which could be too late.
So where will I be investing? My biggest current position and one I will continue to build is KR1. KR1 are positioned fantastically to benefit from an ALT coin rally, they have an extremely well built portfolio of ALTs and an eye for the next big thing – RED will be one to watch – Especially in the new and exciting Real World Asset market – KR1 do not often miss the mark and I’m sure their position in RED will not disappoint. With large positions in ETH, DOT, TIA, LDO, ATOM, and more, KR1 makes a fantastic entry for a balanced altcoin portfolio, without requiring the hard work and research yourself, and its track record speaks for itself.
Another interesting position of mine is VULT (Vault Ventures PLC). Rather than following the crowd several months ago, when the BTC treasury hype was at its peak, VULT took a different approach and invested in both ETH and SOL. Thus far this approach has not payed off for them, but now it appears ALT season is looming, VULT feel like they are best positioned to take advantage of this scenario. I am sure many of you still recall what first mover advantage did for SWC? Let’s hope the team at VULT follow suit and bring in the results for holders of the stock. That said VULT is not a one trick pony, it also has an AI arm, which investors are hoping will bring in sizeable returns in the future. At the current market cap of circa £4m, it certainly has plenty of room to move north should the board take advantage of the rise of both crypto and AI in the coming months. Once again, time will tell. This is certainly more of a gamble than KR1, but with its tiny mcap, i feel it is certainly worth a punt.
Disclaimer: Nothing in this article is intended as investment advice, and readers should always do their own research. The crypto stocks sector is highly volatile and can move rapidly in both directions. I may be invested in some of the stocks I mention in these articles, so assume my comments are biased.
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